Friday, October 27, 2017

Hota Industrial Manufacturing Co, a Taiwanese automotive components
maker and long time parts supplier for Tesla, has reportedly been told
to dial back its production of Model 3 components from 5,000 units per
week in December to 3,000 per week.

According to Taiwan’s Economic Daily,
Hota Chairman Shen Kuo-jung said that the company has received a notice
from Tesla indicating that it will temporarily reduce its December
order quantity due to a “bottleneck” in production of Model 3.

Hota has been a supplier of parts for Tesla’s Model S and Model X,
but also began to supply components that are reported to be gears for
Model 3 in May of this year. Though December orders have been cut back
by 40%, Hota indicates that the company is committed to meeting the
needs of Tesla’s upcoming production ramp and scheduled to ship 10,000
parts in May or June, timing that was pushed back from an original March
date....MORE